M5 deal

Discussion in 'M5 (1984-present)' started by Biggles, Jul 20, 2019.

  1. 6 Aug 2019 at 9:03 PM #101
    Alex88

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  2. 6 Aug 2019 at 9:22 PM #102
    fireblade1

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    There changing all the time mate, bought a list price £94K base M5 at the end of April for £73K, someone on here a few weeks ago picked up exactly the same specced car arriving on a 69 plate for £10K cheaper than my deal...problem is where does it end, surely there not gonna get much better than his deal
     
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  3. 6 Aug 2019 at 10:31 PM #103
    Conrad

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    Who the hell got that deal? I don’t know when it will end, but surely if they don’t shift then they will have to drop the price in increments???
     
  4. 7 Aug 2019 at 6:27 AM #104
    fireblade1

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    Page 2 of this thread @jamesca80
     
  5. 7 Aug 2019 at 7:51 AM #105
    SimonH

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    I think the dealers sometimes publish deals that they cant deliver, stating that all those have sold, but i can get you this x or y car, just to get your interest. The deals advertised are for very basic spec cars, and i dont think there are many, if at all around. Ive been told, again, you never know if totally true, that there are 30 odd cars in this campaign, and it will end in September, but by then, they may offer 0%, as they did with the F10, and i think they will sell like hot cakes then. Who knows for sure ?.
    It comes down to this, if you find the right car, at a price you are happy with, then buy it ?? :)

    PS, i havent come close to the deal James above mentioned, and i have been trying, so his deal was extremely keen.
     
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  6. 7 Aug 2019 at 8:59 AM #106
    Daveygal

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    Are dealers suggesting 0%?
     
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  7. 7 Aug 2019 at 10:06 AM #107
    SimonH

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    No Davey,
    Ive not heard suggestion from any dealer, just my own thoughts, wishful maybe ? :lolwsign:
     
  8. 7 Aug 2019 at 10:19 AM #108
    Conrad

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    What should you be looking at realistically on a standard M5 monthly? Say with 5k down?
     
  9. 7 Aug 2019 at 10:58 AM #109
    asifm3

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    very very tempted on the m5 cp
    good build on it to
    then i get sad at the thought of parting with the e90
     
  10. 7 Aug 2019 at 8:23 PM #110
    Henry 145

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    I had that with Inchcape on the CS - support was suddenly £16k less
     
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  11. 7 Aug 2019 at 11:12 PM #111
    asifm3

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    its true
    a basic m5 is that, one that has extras suddenly the price shoots
    cp are not on the deals
     
  12. 8 Aug 2019 at 3:17 PM #112
    DNX

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    If one bought one of these M5 on these current deals - so the car is OTR 95860.00 and the dep.contribition is 27377.79. is that really a contribution or a discount - i.e. for insurance purposes, what is the cars value, is it 95860.00 or 67482.21 (i.e. the OTR price less the dep.contribution or discount).

    I ask for a number of reasons:
    1) on day 1 after you bought the car, would it start to depreciate from 67482.21 down or does it depreciate from 95860.00?
    2) i would imagine the value of the car is surely 67482.21 as that is what you would need to replace it otherwise if it was really worth 95860.00 you could in theory sell it for a profit!
    3) if you got GAP insurance, and the car was a total loss in the second year (first year I think they replace it with a new one), but in years 2 and 3 you get insurance plus gap to cover the invoice price, would that be 67482.21 or 95860.00 - i.e. would you get the dep.contribution or deposit as part of the GAP payment or would they only reimburse to the 67482.21 figure?
    4) what value would you advise the insurer that the car is worth new, is it 95860.00 or 67482.21?

    Any help, or advice or thoughts welcome.

    Thanks.
     
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  13. 8 Aug 2019 at 4:44 PM #113
    Conrad

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    It would be the
    It would be the price you paid for the car. Not the recommended price.
     
  14. 8 Aug 2019 at 5:09 PM #114
    CarpeDiem

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    I respect anyone who works to 2 decimal places when considering a car purchase

    :muttley:
     
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  15. 8 Aug 2019 at 6:33 PM #115
    DNX

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    Unfortunately that says more about me being a maths grad...rather than anything to do with the way i handle my finances...
     
  16. 8 Aug 2019 at 8:54 PM #116
    jamesca80

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    Well there are a few ways to interpret it but...
    1 - It is surely dependent on the market, each car doesn't have it's own known sale price it is the age/spec and based on whole market not what was paid for it
    2 - Depends by what you mean by value here - see point 1 for general value - e.g. if Joe Bloggs buys a car for 75k but Joe Cloggs buys same for 85k, if both go to dealer/sell privately then the value is what the market thinks it's worth. They wont know what Mr Bloggs or Cloggs paid...
    3 - I believe it is the invoice price (so what you paid). This is why GAP has two options, return to invoice and vehicle replacement. The latter has the option to cover the cost for equivalent vehicle in case original discounts not available or prices have gone up.
    4 - This is a good question actually, i suppose insurers will always provide a value they think so it might be worthwhile to provide the invoice price as lower figure?
     
  17. 15 Aug 2019 at 3:05 PM #117
    white2000

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    I am doing some digging on deals for my father. Have made an inquiry with Pete Vardy and their current offer is 839 deposit with 839 a month. Ideally my old man wants to put down a much higher deposit and have monthlies around 600. Is the Pete Vardy the best deal people are seeing at the moment?
     
  18. 15 Aug 2019 at 3:21 PM #118
    fireblade1

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    Hiya mate, Is it yourself who I was talking to on Audi Sport?

    Its @jamesca80 above who got a great deal, also @JohnM3E90 and @SimonH who are good with deals

    All the best :thumbsup:
     
  19. 15 Aug 2019 at 3:31 PM #119
    rsk21

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    Hi there

    work on the basis that every 1000 in deposit is approx £25 off the monthly payment.

    So in that instance to get from £839 to in the low £600s you are going to need an additional deposit of £8000
     
  20. 15 Aug 2019 at 3:33 PM #120
    white2000

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    It was mate. Dont get me wrong this is still a push for my old man but he could never of got close before some of these deals. Normally he leases as do I so need to get a bit more familiar with PCP and what it entails. No desire to pay the balloon at the end.
     
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